Debt Manager, City of Charlotte (closes 3/3/19)

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Closing:  March 3, 2019
Hiring Range:  $90,386 – $100,429 annually

Description:

The City of Charlotte Finance Department is seeking a Debt Manager in the Treasury Division. The Treasury Division is responsible for debt management, revenue forecasting, and managing the City’s investment portfolio.

The Debt manager oversees the City’s comprehensive debt program providing capital funding for core City operations as well as the City’s four enterprise funds. This position is primarily responsible for developing strategies, managing processes and carrying out plans related to the approximately $5 billion debt portfolio.

Duties and Responsibilities:

  • Analysis of financing options for municipal capital projects including:
    • Modes of finance
    • Cost benefit analysis
    • Long-term strategy development
  • Coordinating all referenda and debt issues and related document production
  • Coordinating all aspects of construction period financing
  • Overseeing debt modeling and debt affordability calculations
  • Overseeing debt service fund budgeting
  • Ensuring post issuance compliance with legal and contractual obligations
  • Effectively working with City departments, Financial Advisors, Underwriters, Local Government Commission, and Bond Rating Agencies
  • Supervising members of the debt team
  • Providing cash flow analysis to optimize investment of unspent debt proceeds

Knowledge, Skills, and Abilities:

  • Progressive experience in municipal finance or a related field
  • Degree in Finance, Economics, Public Administration or Business Administration
  • Extensive experience in municipal finance including debt issuance, financial modeling and familiarity with the regulatory framework for public debt in North Carolina
  • Understanding of governmental accounting
  • Prior governmental experience, preferably in management
  • Ability to develop models using spreadsheets
  • Supervisory experience
  • Knowledge of governmental accounting practices
  • Strong written and oral communication skills

Qualifications:

Bachelor’s degree with five (5) years of relevant work experience; or a Master’s degree with three (3) years of relevant work experience; or an equivalent combination of education and relevant experience that provides the necessary knowledge, skills and abilities to successfully perform the essential job duties.